The combination jumps from the bullish trendline downwards
A bearish trend down to the next support at 0.000010550 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.000011660 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.122E-5 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.000011660 should be noted.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.000011970 |
Next High | 0.000011660 |
Current Price | 0.000010940 |
Next Low | 0.000010550 |
2nd Low | 0.000010470 |
3rd Low | 0.000008220 |